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Alsi Futures 29Oct10

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Super Contributor
A green close today will be confirmation for Simon's Lazy System. Alsi closed above 26955 yesterday. Ouch!
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18 REPLIES 18
Super Contributor
Dow closed red and Asia red all over the place.
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Regular Contributor
So.... we going to close green??
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Super Contributor
If we do, it would be a good place to admit I'm wrong and exit short (go long).
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Super Contributor
Which Index are you referring to with Simon's system? Only indicators closing below the 15 day EMA yesterday were: JSE - FINI and JSE - Banking indices, and those won't come close in breaking above the 15 day EMA any time soon. JSE TOP 40, ALSI, RESI, INDI closed above the 15 day EMA yesterday, just.
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Super Contributor
Ya - Simons lazy thread confirms that today's green trade is an entry for TOPI
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Super Contributor
TOPI closed above 15ema yesterday, if green today - long confirmed.
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Not applicable
hey HG where is that gap of yours on the dow that is still open.
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Super Contributor
huh?!? I usually look for Alsi gaps.
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Super Contributor
and any takers for simons system??
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Super Contributor
Wow - looks like another long! Must say, I didn't think that would happen. Did yesterdays gap close this morning (anyone)?
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Highlighted
Super Contributor
No. Gap still open.
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Frequent Contributor
whats the verdict long or short
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Super Contributor
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Valued Contributor
you stub your toe ??
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Super Contributor
Hey cash balances have disappeared.
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Super Contributor
Its back but mine doesn't look pretty.
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Not applicable
Simon, help HG man. The oke needs a bit of private tutoring. Here's a nice deal. We pay you and then you give us tutoring every night from 20:00 for an hour. We ask questions and you give advice. Or sit on tickertalk from 20:00 to 21:00 and we will ask questions and you answer.
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Valued Contributor
have a plan .. details later this month ..
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